Why didn’t the “cost plus” payment system work? Describe the Medicare Prospecti

Why didn’t the “cost plus” payment system work? Describe the Medicare Prospecti

Why didn’t the “cost plus” payment system work? Describe the Medicare Prospective Payment System that is active today based on diagnosis for inpatient stays. What are the advantages and disadvantages? In the growing world of value based payments, do you believe that this is the wave of the future or will it phase out in the inpatient environment? Support your opinion

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